Hyperliquid whale bags $2.8mln profit – Can HYPE still reclaim $45?

Tech  Hyperliquid whale bags $2.8mln profit – Can HYPE still reclaim $45?  Source: HypurrScanHyperliquid market demand remains steady  Source: DeFiLlama  Source: CoinGlassIs the demand enough to absorb pressure?  After HYPE dropped to a low of $40, buyers jumped in, bought the dip, and defended the key support level. In doing so, the upside momentum began to show some strength.  In fact, the Relative Strength Index (RSI) signaled a reversal, rising from 50 to 52. RSI avoiding further slip suggested that buyers repelled sellers and extensively absorbed market pressure.  Source: TradingView  At the same time, the SMI Erogdic Indicator (SMII) also held above its signals, further confirming recovering bullish pressure. These momentum indicators suggested buyers have returned with strength, and managed to weaken sellside pressure.  Therefore, if capital inflows hold, HYPE is likely to recover from this slip and target $45.  However, if the whales profit realization trend continues and demand from other market players remains, Hyperliquid will see sideways movement. Sideways movement will see HYPE trade between $41 and $44.

05-17

Costco ‘Recession Signal’ Goes Viral as Old CFO Remarks Resurface On Record Beef Prices

Tech  Costco ‘Recession Signal’ Goes Viral as Old CFO Remarks Resurface On Record Beef Prices  Reports claiming Costco issued a fresh recession warning have racked up a lot of chatter this weekend, but the quoted comments from former CFO Richard Galanti actually date back to a 2023 earnings call.  Galanti made the comments during Costcos May 2023 third-quarter earnings call. He flagged a shift away from beef toward cheaper proteins, such as canned chicken and tuna. He tied the pattern to past slowdowns in 1999, 2000, and 2008 through 2010.  Where the Costco Quotes Actually Came From  Galanti stepped down as CFO in March 2024 after roughly four decades at the company. Gary Millerchip has held the role since then, and his recent earnings calls have not flagged a similar warning.  Costco management has described member spending as relatively consistent through the Q1 and Q2 fiscal 2026 calls.  Higher-priced meat cuts have outpaced cheaper proteins in growth, which contradicts the trade-down framing spreading on social media.  Costco just flagged a major shift in shopper behavior:  The worlds largest warehouse club is seeing customers buy less beef and premium items, while loading up on more chicken, canned tuna, canned chicken, and cheaper Kirkland Signature store brands.  Costcos leadership says… pic.twitter.com/CFKVK7T3jS  — World

05-17

Costco ‘Recession Signal’ Goes Viral as Old CFO Remarks Resurface On Record Beef Prices

Tech  Costco ‘Recession Signal’ Goes Viral as Old CFO Remarks Resurface On Record Beef Prices  Reports claiming Costco issued a fresh recession warning have racked up a lot of chatter this weekend, but the quoted comments from former CFO Richard Galanti actually date back to a 2023 earnings call.  Galanti made the comments during Costcos May 2023 third-quarter earnings call. He flagged a shift away from beef toward cheaper proteins, such as canned chicken and tuna. He tied the pattern to past slowdowns in 1999, 2000, and 2008 through 2010.  Where the Costco Quotes Actually Came From  Galanti stepped down as CFO in March 2024 after roughly four decades at the company. Gary Millerchip has held the role since then, and his recent earnings calls have not flagged a similar warning.  Costco management has described member spending as relatively consistent through the Q1 and Q2 fiscal 2026 calls.  Higher-priced meat cuts have outpaced cheaper proteins in growth, which contradicts the trade-down framing spreading on social media.  Costco just flagged a major shift in shopper behavior:  The worlds largest warehouse club is seeing customers buy less beef and premium items, while loading up on more chicken, canned tuna, canned chicken, and cheaper Kirkland Signature store brands.  Costcos leadership says… pic.twitter.com/CFKVK7T3jS  — World

05-17

No Shiba Inu (SHIB) Selling? Almost 500 Billion Removed

Tech  No Shiba Inu (SHIB) Selling? Almost 500 Billion Removed  Following the rapid disappearance of nearly 500 billion SHIB from centralized exchange reserves, Shiba Inu is exhibiting an unexpected change in on-chain behavior.  Shiba Inu reserves thinning out  Recent exchange flow metrics show that netflows turned sharply negative, indicating that more tokens are leaving exchanges than entering them, while total SHIB reserves on exchanges fell toward the 81.2 trillion range. This is significant because exchange reserves serve as a proxy for instantaneous sell-side liquidity.  SHIB/USDT Chart by TradingView  Reduced short-term selling intent is typically indicated when significant amounts of SHIB shift from exchanges into private wallets, cold storage, or staking-related infrastructure. Practically speaking, there is less instantly available supply for aggressive distribution or panic selling when there are fewer coins on trading platforms.  Peter Brandt Warns Solana Could Crash  Is Hyperliquid Worth All the Recent Hype?  The most recent metrics support that story. While total netflow remained significantly negative at more than -430 billion SHIB, exchange reserve balances fell by about 0.5%. Exchange outflows surpassed inflows at the same time, indicating that whales and larger holders are actively removing tokens, rather than preparing to sell their holdings.  Shiba Inus status is improving  Despite the negative sentiment in the market, active address

05-17

Agentic.Market Launch Redefines AI Economy with Verifiability

Agentic.Market, the blockchain-powered marketplace for autonomous AI agents, officially launched on April 20, 2026, marking a transformative step for the so-called ‘agent economy.’ Built on Coinbases x402 micropayments protocol and Base blockchain, the platform already boasts 480,000 active agents, $50 million in cumulative transaction volume, and over 100,000 listed services, according to launch data.  What sets Agentic.Market apart is its ability to let AI agents discover, purchase, and consume services autonomously, without human intervention or API keys. This eliminates traditional integration bottlenecks, creating what Nick Prince, one of the initiatives key architects, calls a “runtime marketplace for agents.” However, while the functionality is groundbreaking, the next challenge looms: establishing verifiability.  The Verifiability Problem  Autonomous transactions are only as reliable as the systems underpinning them. Today, Agentic.Market ensures cryptographic certainty for payments via the x402 protocol—each transaction is authorized and traceable. But proving that the services agents consume are performed as advertised remains a critical gap. This is particularly urgent when the ecosystem involves nearly half a million agents completing tens of millions of transactions monthly. Without standardized, cryptographic verifiability, the risks of fraud, misconfiguration, or even malicious exploitation increase exponentially as the market scales.  The industry has already seen the fallout of unverifiable execution.

05-17

Trump’s Portfolio Activity Raises Eyebrows: Massive Nvidia (NVDA) and Big Tech Trading Volume Stirs Controversy

NVIDIA Corporation, NVDA  The transaction frequency translates to approximately 40 daily trades throughout the three-month reporting period. This level of activity caught the attention of numerous financial professionals.  “The trading volume here is absolutely extraordinary,” observed Matthew Tuttle, CEO of Tuttle Capital Management. He noted the pattern resembles algorithmic hedge fund operations rather than typical personal investment management.  Eric Diton, president of The Wealth Alliance, shared similar sentiments. “Throughout my four decades on Wall Street, Ive rarely encountered trading activity of this magnitude,” he commented.  Timing Concerns Emerge  Certain transactions attracted particular scrutiny based on their proximity to related governmental actions.  The President acquired Nvidia equity positions just prior to administrative clearance of semiconductor sales to designated Chinese entities. Additionally, Palantir stock purchases preceded his Truth Social posts commending the firms “war fighting capabilities.”  Senator Elizabeth Warren criticized Trump for allegedly advocating with Chinese President Xi Jinping regarding Nvidia chip acquisitions during diplomatic meetings in Beijing. “This presidential corruption threatens our national security,” she stated.  Eric Trump responded by emphasizing the familys assets reside in a blind trust overseen by independent financial organizations. “Any claim that individual equities are being purchased or liquidated at the direction of Trump family members is categorically false,” he posted on X.  White House

05-17

RaveDAO slips below KEY support - Should RAVE traders watch $0.30 now?

Tech  RaveDAO slips below KEY support – Should RAVE traders watch $0.30 now?  In April, the RaveDAO [RAVE] token prices rocketed higher by 7,311%, going from $0.266 to $22.13. Heavy trading volume in both spot and derivatives markets helped keep the rally going but also introduced high volatility, with a 46% correction within a day on the 15th of April.  Crypto sleuth ZachXBT had publicly flagged “blatant” price manipulation during the tokens run. The company had responded, denying the allegations, but the crypto investigator pointed to the supply concentration and asserted that the team believed otherwise.  The token was trading just below $0.6 at the time of writing. Moreover, the entirety of the tokens rally has been erased, adding suspicion to the predatory nature of the move and the violent profit-taking that destroyed all the support levels on the way down.  The downtrend is still in forceSource: RAVE/USD on TradingView  Technically, the deep RAVE retracement has not breached the swing low that launched the rally. This support level at $0.225 keeps the structure bullish. Yet, the speed of the sell-off, the weak defense of the $0.6 long-term support, and the market-wide sentiment meant the bearish side was more convincing.  It is difficult to imagine organic demand and

05-17

Peter Brandt Warns Solana Could Crash

SOL crashed the price through the critical $100 psychological support, and the token ended up bottoming out near the $70 mark.  After the February plunge, SOL has been trapped in the aforementioned 14-week rectangle formation that has been described by Brandt.  It has repeatedly bounced off a support floor in the low $70s and faced heavy rejection at a resistance ceiling just below $100.  Solana is changing hands at $86.97, CoinGecko data show.s After a failed attempt to break out above the mid-$90s in early May, the “Ethereum killer” has now settled back into the middle of this dangerous continuation zone.  If Solana fails to hold the baseline support of this 14-week rectangle, Brandts uber-bearish target could come into play.

05-17

Zeta Global (ZETA) Stock Surges 4% Following Snowflake OSI Partnership Announcement

Zeta Global Holdings Corp., ZETA  The Open Semantic Exchange represents a universal framework aimed at standardizing disparate data definitions through an open, vendor-agnostic semantic architecture. For Zeta Global, this integration represents a strategic alignment of its AI-powered marketing platform with a unified data infrastructure — a critical component given the companys emphasis on data-driven intelligence solutions for clients.  Additional momentum came from anticipation of the JPMorgan Global Technology, Media, and Communications Conference scheduled for Monday, where Zeta Global is slated to present alongside companies including DigitalOcean, Lattice Semiconductor, IMAX, and Outfront Media.  Robust First Quarter Results Support Bull Case  The OSI partnership announcement and conference participation follow Zeta Global‘s impressive Q1 2026 financial results released on April 30, which represented the company’s 19th consecutive quarter of exceeding expectations and raising forward guidance. Revenue totaled $396 million, reflecting a substantial 50% year-over-year increase. This growth trajectory demonstrates accelerating demand for the companys AI marketing cloud platform.  Operational cash flow increased 43% to $50 million, while adjusted EBITDA expanded 42% to reach $66 million. Nine out of ten industry verticals served by Zeta demonstrated growth during the quarter.  The Marigold acquisition has exceeded initial expectations, according to Needham analysts. Additionally, the companys Athena AI solution secured its largest

05-17

Gates Foundation Dumps Entire Microsoft (MSFT) Position — What It Really Means

Microsoft Corporation, MSFT  This transaction concludes what stands as one of the technology sectors most historically significant institutional investments.  Twelve months prior, the Trust maintained 28.5 million MSFT shares worth $10.7 billion, constituting 26% of the funds total assets. By the conclusion of 2025, this had already contracted to 7.7 million. The Q1 2026 disclosure verified complete liquidation.  Bill Gates serves as the sole trustee, while operational management responsibility lies with Cascade Asset Management. Neither organization provided commentary when contacted.  The Strategic Rationale Behind the Exit  This transaction doesn‘t signal pessimism about Microsoft’s prospects. The Foundation operates under a planned 20-year dissolution timeline — a strategy Gates publicly announced previously — with complete asset distribution anticipated by that deadline.  Distributing tens of billions annually in charitable grants demands substantial liquidity. Maintaining concentrated exposure to any single equity position, regardless of quality, introduces genuine liquidity constraints and concentration vulnerabilities. The Trust operated with portfolio management discipline rather than founder sentimentality.  MSFT has experienced an 11% decline year-to-date, though underlying business metrics remain robust. The corporation reported $281 billion in trailing twelve-month revenue alongside $149 billion in operating income. Azure maintains double-digit expansion momentum.  Additionally, valuation metrics appear attractive relative to technology peers. MSFT currently trades at approximately 21x forward

05-17
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